Courses2009

 

 This course introduces students to the fundamental concepts of accounting. Students will learn procedures of collecting financial data and how to process such collections according to the generally accepted accounting principles. Students will also learn the accounting of a service firm, and accounting for purchase and sales of merchandise, the recording in the general journal (and the various specialized journals), and how to post data to the ledgers. Finally, the course covers the preparation of the trial balance and financial statements, including the study of the closing entry and adjusting entry.​